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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Mark McLeod who wrote (3379)12/2/1997 12:05:00 AM
From: Arnie Doolittle  Read Replies (1) | Respond to of 10227
 
Mark, to move the article to SI, perform the following:

1. Highlight the entire article by clicking the left button on your mouse and dragging the cursor over the entire article. (Or highlight the first line, then scroll to the end of the article, Press the shift key and then click the left button.)

2. Select "edit" at the top of your screen.

3. Select "copy" and you have now copied the article.

4. Go to SI, and reply to any NXTL post.

5. Select "edit", then "paste". You have now copied the article to SI.

Good luck.

Arnie



To: Mark McLeod who wrote (3379)12/2/1997 11:21:00 AM
From: Arnie Doolittle  Read Replies (1) | Respond to of 10227
 
Mark, regarding sec.gov

If you read further on pages 27 & 28 you find this statement hidden in the text (emphasis mine):

Subject to the determination of the potential impact on financing requirements associated with an increase in the Company's overall domestic cash needs, including its domestic capital expenditures as described above, assuming (I left this part out for clarity's sake), THE COMPANY BELIEVES THAT SUCH AMOUNTS, coupled with the Company's available cash and cash equivalents (including the Preferred Stock Proceeds, the McCaw Option Proceeds, the September Notes Proceeds and the Subscription Proceeds), WILL PROVIDE FUNDS THAT in the aggregate are expected to be sufficient to IMPLEMENT THE COMPANY'S BUSINESS PLAN AND meet the OTHER CURRENTLY ANTICIPATED CASH NEEDS OF ITS DOMESTIC BUSINESS ACTIVITIES THROUGH THE END OF 1998. Thereafter, Nextel may require substantial additional financing.

Sounds to me like NXTL has its ducks all lined up domestically, subject to increased costs associated with faster customer adds. Put another way, seems to me that NXTL is saying that their 1999 and 2000 capital expenditures may be accelerated if demand requires it. Don't you just hate it when a company has to spend money because customers want more of their service? :-)) $100 is looking better every day, current price not withstanding.

Arnie